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BetMGM

The BetMGM sportsbook is another top choice that comes up when searching for March Madness betting sites seeing as it offers everything you could possibly expect from a premium betting platform.

BetMGM
BetMGM
4.8/5
  • Weekly bonuses
  • Regular bonuses and promotions for new and regular players
  • Ability to enjoy in-play betting and live streaming of various tournaments
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Featured Offer
First Bet Offer $1500
Claim Bonus
21+. T&Cs Apply.
Bonus Bets Expire in 7 Days. One New Customer Offer Only. Add’l terms. Gambling problem? Call 1-800-GAMBLER in CO, DC, IL, IN, KS, LA, MD, MS, NJ, NV, OH, PA, TN, VA, WV, WY. Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-327-5050 (MA). 21+ to wager. Please Gamble Responsibly. Call 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI), 1-800-981-0023 (PR). In partnership with Kansas Crossing Casino and Hotel. Visit BetMGM.com for Terms & Conditions. US promotional offers not available in DC, Nevada, New York, North Carolina, Ontario or Puerto Rico. Gambling Problem? Call 1-800-GAMBLER (OH)

Bottom Line

While NCAA tournaments are known for their tight odds, BetMGM offers some of the best futures odds on the market, earning itself a top spot on our list of the best March Madness betting sites.

Why We Like BetMGM

Besides offering competitive futures odds, this sportsbook also offers its loyal players generous opportunities, such as odds boosts, bonus bets, and parlay betting boosts, enabling them to win more as they enjoy various college basketball tournaments.

What BetMGM Offers

  • Best futures odds: As mentioned above, this bookie offers some of the most competitive futures odds on the market.
  • An intuitive website and mobile app: BetMGM’s website is well-designed and features an easy-to-use interface which is compatible with mobile devices. The bookmaker also has a downloadable mobile app suitable for iOS and Android devices.
  • Generous March Madness promotions: BetMGM offers a wide variety of March Madness promotions to boost the thrill among bettors.
  • Responsive customer support: Players can conveniently contact BetMGM’s support team via email, live chat, and phone.

Bet365 Sportsbook

Since its debut in 2000, Bet365 has been among the most preferred March Madness betting sites in the US.

  • Boosted Odds Boosted Odds
  • Great for parlays
Bet365
4.8/5
  • Stellar reputation 
  • Fully licensed in various US states
  • Fast and reliable payment options
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Featured Offer
Bet $1, Get $365 in Bonus Bets (KY), 1st Safe Bet Up to $1,000 or Bet $5, Get $150 in Bonus Bets (CO, IA, NJ, OH, VA)
Claim Bonus
21+. T&Cs Apply.
Payment Methods
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Must be 21+ and physically present in CO, IA, NJ, OH and VA. New Customers only. Sign up, deposit (minimum $10) to your account and place a qualifying bet. Bonus Bets winnings are added to Bonus Bets balance. Bonus Bet wager excluded from returns. T&Cs, time limits & exclusions apply. If you or someone you know has a gambling problem, Call 1-800-GAMBLER (CO, OH, NJ), 1-800-BETS OFF (IA), 1-888-532-3500 (VA). Gambling Problem? Call 1-800-GAMBLER (OH)

Bottom Line

Bet365 made our list of the best March Madness betting sites because it offers US players the best bracket challenge.

Why We Like Bet365

Although this bookmaker provides convenient payment options, intuitive website design, and plenty of betting options, Bet365 did not make our list for these reasons. Rather, it was its fantastic March Madness bracket challenge that allows players to win up to $10,000,000 if they guess correctly. In addition, this bookie has one of the most responsive March Madness betting apps, compatible with Android and iOS devices.

What Bet365 Offers

  • Intuitive mobile app: Bet365 offers a responsive mobile app for Android and iOS devices.
  • Flexible payment options: This bookie offers many reliable payment methods for US players.
  • Comprehensive coverage of betting markets: This bookmaker allows players to access numerous betting markets.

Betfred

Betfred covers every match of the NCAA basketball and posts competitive odds. Also, Betfred lets you combine college matches on Parlay+.

Betfred Sportsbook
4.9/5
  • About 50 markets per NCAA match
  • Parlay+ applies to NCCAB
  • Plenty of college basketball betting markets
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Featured Offer
Get $105 on Fred
Claim Bonus
21+. T&Cs Apply.
Must be 21 or older. Please play responsibly. If you or someone you know has a gambling problem, help is available. Call 1-800-GAMBLER (CO, MD, OH, VA); 1-800-BETS-OFF (IA). Gambling Problem? Call 1-800-GAMBLER (OH)

Bottom Line

Betfred boasts top NCAA coverage, multiple betting features, including trending bets that show what your peers are currently betting on, and much more.

Why We Like Betfred

Betfred is clearly focused on college basketball, regularly featuring NCAA matchups on its homepage and offering great odds, especially on moneylines. There’s about average 50 markets to explore for each game, so there’s never a shortage of options.

What Betfred Offers

  • Parlay+: Betfred’s Same Game Parlay builder called Parlay+ that works seamlessly on college basketball games.
  • Wide range of NCAA betting markets: Betfred boasts very good pricing on NCAA fixtures, especially on moneyline bets, game props, and point spreads.
  • Excellent bonuses: Betfred regularly updates its promotions page with attractive offers for both new and loyal players, all of which apply to NCAA.

DraftKings

Established in 2012, DraftKings sportsbook is another top contender for the best March Madness betting sites.

DraftKings
5/5
  • Excellent bonus offers and promotions with no promo codes required
  • Provides a safe betting environment for US punters
  • Live streaming and live betting features
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Featured Offer
Bet $5, Get $200 instantly in Bonus Bets
Claim Bonus
21+. T&Cs Apply.
Payment Methods
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The promotional offer is valid between 4/15/2024 at 12:00 AM Eastern Time (ET) and 5/6/2024 at 11:59 PM ET (the “Promotional Period”). Must be physically located in CO, CT, IA, IL, IN, KS, KY, LA (select parishes), MA, MD, ME, MI, NC, NJ, NY, OH, PA, TN, VA, VT, WY or WV (each an “Eligible Jurisdiction” or, collectively, the “Eligible Jurisdictions”). Valid 1 per new customer. Minimum $5 deposit. Minimum $5 bet.$200 issued as eight (8) $25 bonus bets. Bonus Bets are single-use, non-cashable, non-withdrawable, must be wagered 1x before any resulting cash winnings can be withdrawn and stake is not included in winnings. Bonus Bets expire 7 days (168 hours) after being awarded. Promotional offer period ends 5/6/24 at 11:59 PM ET. GAMBLING PROBLEM? CALL 1-800-GAMBLER (1-800-426-2537) (CO/IL/IN/LA/MD/MI/NJ/OH/PA/TN/VA/WV/WY), (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly.  Full T&Cs Apply. Gambling Problem? Call 1-800-GAMBLER (OH)

Bottom Line

This bookie offers an easy-to-use mobile app which is compatible with most mobile devices, including smartphones, tablets, laptops, and iPads.

Why We Like DraftKings

If you’re familiar with sports betting, you probably know about the hype associated with the DraftKings sports betting site. The best part is that the bookie actually lives up to its reputation. With its dedicated mobile app, fantastic bonus offers and promotions, fast and secure payouts, vibrant in-play betting section, and live stream functionality, it is no wonder that people are raving about DraftKings.

What DraftKings Offers

  • Fast and convenient banking options: The DraftKings sportsbook supports many reliable payment options for US players, including Visa, Mastercard, Skrill, Maestro, Paypal, Neteller, and many more.
  • Responsive and easy-to-use mobile app: DraftKings offers an easy-to-use and responsive mobile app for those who love betting on the move.
  • Provides a safe US betting environment: This bookie uses valid licenses from various US states, including Colorado, Iowa, Wyoming, Massachusetts, West Virginia, Pennsylvania, Michigan, Indiana, Illinois, and more.

Caesars Sportsbook

Considered one of the most trustworthy sportsbooks in the industry, Caesars Sportsbook makes the experience enjoyable so you can focus on rooting for your team during the NCAA tournament.

Caesars
4.9/5
  • Top tier rewards program
  • Competitive odds throughout the tournament
  • Exclusive March Madness promotions
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Featured Offer
$1,000 First Bet on Caesars
Claim Bonus
21+. T&Cs Apply.
Payment Methods
betting.com
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betting.com
betting.com
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Offer valid and must be physically present in CO, IL, IN, IA, KS, LA, MA, MD, MI, NJ, NY, OH, PA, TN, VA, WV, or WY. 21+. See Caesars.com/promos for full terms. Know When To Stop Before You Start.® Gambling Problem? IL, MD, NJ, OH, TN, VA, WV, PA: If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) or MD: visit mdgamblinghelp.org or WV: visit 1800gambler.net; CO, WY, KS: Call 1-800-522-4700; IN: Call 1-800-9-WITH-IT; IA: Call 1-800-BETSOFF; LA: Call 1-877-770-STOP; MI: Call 1-800-270-7117. GAMBLING PROBLEM? Call 1-800-GAMBLER. MA: CALL 1-800-327-5050 or visit gamblinghelplinema.org. NY: Call 877-8-HOPENY or text HOPENY (467369). Gambling Problem? Call 1-800-GAMBLER (OH)

Bottom Line

Caesars Sportsbook makes the top-five betting sites list because if this is where you begin your betting experience, thanks to their welcome bonus, you’ll use it beyond March.

Why We Like Caesars Sportsbook

Caesars Sportsbook offers their users generous bonuses, odds boosts, and a large variety of bets from the first tipoff, all the way to the National Championship game.

What Caesars Sportsbook Offers You:

  • Welcome Offer: Caesars Sportsbook provides welcome offers to new users that make their first bets some of the most exciting they’ll ever have.
  • College Basketball Odds Boost: With the Caesars Sportsbook, bettors have access to exclusive NCAAB odds boosts so you can boost their bankroll.
  • Rewards Program: You can rack up reward points every time you place a bet in the sportsbook, which can be used for cash bonuses and other rewards.
  • Exclusive College Basketball Promotions: The NCAA tournament is one of the most popular sport events to bet on. Caesars Sportsbook provides exclusive promotions during the entire tournament, providing you with more than one shining moment

How Experts Choose the Best Sites to Bet on March Madness

When searching for the best March Madness betting sites, it’s crucial to consider specific criteria, including the betting market types, how competitive the odds are, available bonuses and promotions, supported payment options, the support team’s responsiveness, and the mobile experience. If you’re betting on the underdog, who offers the best odds? if you’re a one-and-done bettor, who has the quickest withdrawal policies? To do that would require you to make an account, verify, and bet at every online sportsbook available in your region, which, fortunately for you, is our job. We spend the necessary hours of admin and betting with each of the books to be able to determine who does what and what they do best, so you can decide your favorite March Madness sportsbook.

Kevin Lan:
For a betting site to be crowned with the title of Best March Madness betting site 2024 in the US, it must offer far more than competitive odds and traditional betting markets. Such a site should tick most, if not all, boxes. As a result, I chose to prioritize the unique aspects offered by a specific platform and how it made the user’s betting experience smoother and more exciting. Thus, the best March Madness betting sites should be easy to use and offer enticing bonuses, including bracket and bracket-buster challenges, fast payment options, and more. 

Compare the Best March Madness Betting Sites in the US for 2024 

Given the sheer volume of bookies offering numerous betting markets and competitive odds to bet on during March Madness, selecting the best for you can be challenging, especially if you’re new to the game and don’t know what kind of bettor you are or prefer.

Generally, selecting March Madness betting sites primarily depends on which bookie provides the best value, depending on your preferences, budget, etc. Here is a quick sheet comparing five major sportsbooks to make a more informed decision when choosing the best March Madness online betting sites.

Site NameBetting.com RatingBest ForFull Review
BetMGM4.6/5Futures oddsReview 
Bet3654.6/5March Madness bracket challengeReview
Betfred4.5/5Great Same Game Parlay builderReview
DraftKings4.7/5Intuitive mobile appReview
Caesars Sportsbook4.7/5Great rewards programReview

How to Choose the Best Site for You

Everyone values different aspects of sports betting; therefore, you should always decide based on your personal preferences. 

This is why we have listed the criteria we used to identify our top US March Madness betting sites, enabling you to analyze which site has exactly what you’re looking for. We strongly recommend considering all of the criteria listed below before choosing any betting site.

  1. Find sites with a valid license and up-to-date security protocols: To enjoy the best betting experience and not risk your personal data being leaked, find a licensed sportsbook that prioritizes the safety of its players. 
  2. Carefully read the welcome bonus terms and conditions: Read through the bookie’s bonus terms and conditions before claiming any welcome packages. Wagering requirements, withdrawal limits, and all types of no-fun can be hidden in the fine print, and the books don’t often give out “free money.”
  3. March Madness odds and markets: Compare odds offered on different March Madness online betting sites to make sure that you’re getting the best value for your money.
  4. Supported payment options: Evaluate the bookie’s different payment methods to determine whether you can deposit or withdraw through your available methods.
  5. Read customer and professional reviews: Regardless of the sportsbook, determine the reputation of your preferred bookie by reading through reviews on the internet. No one keeps it more real than a pissed-off review writer.
  6. Test the mobile UX: If you prefer betting on the move, assess the mobile app to ensure it features a stylish design and easy-to-use interface. You’d hate to live bet, and your app runs like it’s on an iPhone 3s.
  7. Review the registration process: Ensure that the registration process is straightforward. Ensure you have the necessary documents available because you won’t be able to pull out that $2K win without verifying your account identity.

Betting on the Madness

Betting on college basketball, particularly March Madness, is probably the most frustrating thing you’ll ever do. (and certainly is if you’re a New Jersey bettor. No one’s ever hit a “perfect bracket”, in fact, most are out the window after the first round. Literally, millions of people fill out a college playoffs bracket every year, and the NCAA itself estimates your odds to be about 1 in 120 Billion, and that’s if you know something about basketball. 1 in 9 trillion, at the whims of the coin. That being said, as a bettor, there are other ways to win at March Madness.

Odds 

The odds you’ll see in March Madness are similar to how they are presented in all of college basketball betting. You’ll see tournament futures and game lines presented in American odds format. During March Madness, odds are your best friend or your worst enemy. Starting from the first rounds, there are 64 teams, all appraised by different oddsmakers. The odds on your pick may vary noticeably between books, and when parlaying, that difference multiplies. Winning $350 hurts when you know it could’ve been $500 if you placed a bet with another bookie.

Picks

Like for any other sporting event, it’s customary to find picks from professional handicappers, the major networks, and other sports and betting sites. Professional picksters (and AIs, like soccer’s PickStreet) often charge subscription or per-pick rates. Free picks are ideal for a bettor on a budget; other than the #1 seeded teams making the Sweet 16, guesswork will get you just as far as a pro when it comes to betting on the tournament. However, on a game-by-game basis, expert picks can be the little nudge that makes you feel like you know what you’re talking about.

Types of March Madness Bets 

Regardless of your favorite March Madness betting app, you can place several bet types to get in on the action. Below is a brief overview of the most popular bets to help you select the most suitable option for you. 

Moneyline Bets

The standard of online betting and the most straightforward wager. It’s a straight-up bet on the winner of the game. There is a favorite represented by negative odds (-140) and an underdog represented by positive odds (+120). Your bet cashes if you pick the winner. Moneyline bets will be offered on individual games throughout the tournament, and this is where a large portion of the betting handle will be.

Futures Bets

You’ll usually find the futures under the”March Madness” betting tab. These are long-term bets on a specific result of the tournament. Ahead of the tournament, you can often bet which teams will receive an at-large bid, called “bubble props,” which teams will be seeded #1, or the outright winners of the tourney. Once the tournament begins, you’ll likely see props regarding which teams will make the Sweet 16, Elite 8, or Final Four. The trick to future betting is making your pick as early as possible and getting the best odds before your pick starts to make a run to the title.

Over/Under

Another popular bet type in betting, particularly in top-seeded team matchups in March Madness, is total, or over/under, bets. This is where a bettor places wagers over or under a specific total line set by a bookmaker. In other words, if you believe that the score of a particular tournament will be more than the totals set by the bookie, you could place an overbet, and vice versa.

Point Spreads

Also known as spreads, point spreads are a handicap to specific teams set by bookies assigned to create a level playing field. For instance, a favorite team may start the match with a -6.5 deficit, while the underdogs are given a +6.5 surplus. Betting the spread is marginally safer, at least in feeling. One way to look at it is betting the spread gives you a margin of error to secure a winning bet slip.

March Madness Betting Strategies

As is the case for most sports bettors, March Madness bettors should practice proper bankroll management. Never bet what you can’t afford, and avoid chasing losses. While it’s easy to get wrapped up in all the hype that comes with March Madness, it’s important to keep a level head when playing with your money.

  • Betting the Underdogs – The first two rounds of March Madness are Upset City. Historically, at least one No. 12 seed has defeated a No. 5 seed in approximately 35% of the matchups since the tournament expanded to 64 teams in 1985. You may lose most of your bets, but the odds –if shopped right– may see you walking away with a little profit.
  • Live Betting – Take advantage of live betting options. Watching the first few minutes of a game can give insights into the teams’ form, energy, and strategy on that particular day.
  • Hedge Your Bets: If you have a bet close to winning but could still lose in the tournament’s final stages, consider placing a counter-bet on the opposing team in later rounds to guarantee a profit or minimize losses.

Who won March Madness last 2023?

in 2023, the winner of the March Madness was the No. 4 seed UCONN men’s team. They won their fifth national championship, 76-59 over San Diego State.

UCONN (+400) is the favorite with the books to win March Madness and repeat as National Champions in March Madness 2024.

March Madness 24 Schedule

March Madness Preview 2024

Check here our tips and suggestions!

March Madness 2024 officially starts on March 21. The tournament starts with the First Four, and from there, we go into the heart of March Madness with the following rounds:

Selection Sunday: Sun, Mar 17

First Round | Mar 21 – 22
Second Round | Mar 23 – 24
Sweet Sixteen | Mar 28 – 29
Elite Eight | Mar 30 – 31
Final Four | Apr 6
National Championship Final | Apr 8

Frequently Asked Questions

March Madness refers to the NCAA tournament, where 68 college basketball teams undergo a single elimination format event until a champion emerges.

Villanova, which was the 8th seeded team, is the lowest-seed team to have ever won March Madness. This was on April 1, 1985.

Kansas Jayhawks won the previous NCAA Basketball Championships.

John Supowitz
Content Writer

John has had a prominent career in sports media that spans over a decade. He has lent his talents to high-profile companies such as ESPN, NBC Sports, and Audacy. He’s bringing his sports betting expertise, having analyzed every major sport, including the NFL, NBA, MLB, NHL, and PGA, with a career success rate over 52%.

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